Deutsche Bank has hired former JP Morgan investment banker Philip Lee as chief country officer for Singapore and vice-chairman for Southeast Asia.
Lee will replace the current chief country officer for Singapore, Ronny Tan, who will exit after 12 years in the job.
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In his role of as vice-chairman for Southeast Asia, Lee will work across all of Deutsche Bank’s business divisions, including investment banking, markets, asset management and private banking.
Gunit Chadha, co-CEO for Asia-Pacific, said: "Philip is one of the most senior, accomplished and well known bankers both in Singapore and across the region. He brings great depth of experience to this important role where he will focus on the development of our client franchise in Singapore and Southeast Asia, an area which has significant importance and potential for the bank."
Lee will start his new job on 8 July 2013 and will report directly to Chadha and his fellow co-CEO, Alan Cloete.
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